HP 10bII Quick Start Guide

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Does it Pencil Pre Course Workbook
©2021 The Core Course, LLC. 5
VIDEO 2
TIME VALUE OF MONEY INTRODUCTION
2.1 The 5 Time Value of Money Keys (The Top Row)
There are 5 fundamental “time value of money” keys on the top row of the HP10BII calculator. They are:
2.2 The Relationship of “I/YR” and “N”
When performing time value of money calculations, you will need to preset the calculator for the correct number or
payments per year to make the conversions required for I/YR and N.
N The number of time “periods”. Note: this is not always
the number of years, rather the number of “periods” (i.e
12 periods in a year, 4 periods in a quarter).
I/YR The "rate", "interest rate", or "yield".
PV Present Value is the "worth" today of money received or
paid.
FV Future Value is the “worth” in the future of money
received or paid.
PMT The payment. Investors receive (or pay) a series of
payments throughout the holding cycle of an investment.
Payments can be positive or negative. The notation used to
make a number “negative” is referred to as “sign convention”.
NOTE: In this workbook, a negative sign convention will be
denoted by “< >“ or “-“.

HP 10bII Specifications

General

Digits	12 digits
Display type	LCD
Display tilting	No
Display size (HxV)	16 x 63.5 mm
Display number of lines	1 lines
Display number of characters	12
Type	Financial
Form factor	Pocket
Control type	Buttons
Product color	Black, Grey
Battery life	1 year(s)
Battery type	CR2032
Power source	Battery
Auto power off	Yes
Auto power off after	5 min
Number of batteries supported	2
Operation	170
Memory registers	22
Storage media type	-

Weight and Dimensions

Depth	145 mm
Width	80.9 mm
Height	14 mm
Weight	85 g